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Company Highlights
Tuesday, April 03, 2018
RADIANT LOGISTICS TAPS JENNIFER PAIGE DEENIHAN AS DIRECTOR OF MARKETING AND COMMUNICATIONS
   

BELLEVUE, WA, April 3, 2018 – Radiant Logistics, Inc. (NYSE American: RLGT), a third-party logistics and multimodal transportation services company, today announced the appointment of Jennifer Paige Deenihan as Director of Marketing and Communications with oversight of the Company’s multi-brand strategy and corporate communications efforts. Ms. Deenihan will report to Chief Commercial Officer, Arnold Goldstein.


Thursday, February 08, 2018
RADIANT LOGISTICS ANNOUNCES FINANCIAL RESULTS FOR THE SECOND FISCAL QUARTER.
   

BELLEVUE, WA February 8, 2018 – Radiant Logistics, Inc. (NYSE American: RLGT), a third-party logistics and multi-modal transportation services company, today reported financial results for the three and six months ended December 31, 2017.


02/08/18 1:15 pm
RADIANT LOGISTICS ANNOUNCES FINANCIAL RESULTS FOR THE SECOND FISCAL QUARTER.

BELLEVUE, WA February 8, 2018 – Radiant Logistics, Inc. (NYSE American: RLGT), a third-party logistics and multi-modal transportation services company, today reported financial results for the three and six months ended December 31, 2017.

Second Fiscal Quarter Financial Highlights (Quarter Ended December 31, 2017)

  • Revenues were $206.7 million for the second fiscal quarter ended December 31, 2017, up $7.8 million or 3.9% compared to revenues of $198.9 million for the comparable prior year period. Sequentially, revenues were up $8.7 million or 4.4% compared to revenues of $198.0 million for the quarter ended September 30, 2017.
  • Net revenues were $47.9 million for the second fiscal quarter ended December 31, 2017, down $2.2 million, or 4.4% compared to net revenues of $50.1 million for the comparable prior year period. Sequentially, net revenues were up $1.8 million or 3.9% compared to net revenues of $46.1 million for the quarter ended September 30, 2017.
  • Net income attributable to common stockholders was $3.3 million, or $0.07 per basic and fully diluted share, compared to a net income of $2.1 million, or $0.04 per basic and fully diluted share for the comparable prior year period, including a one-time benefit of $2.3 million related to a re-measurement of deferred tax liabilities as a result of the recently enacted Tax Cuts and Jobs Act. Sequentially, net income improved up $3.0 million or 1000.0% compared to net income of $0.3 million for the quarter ended September 30, 2017.
  • Adjusted net income attributable to common stockholders was $3.6 million, or $0.07 per basic and fully diluted share for the second fiscal quarter ended December 31, 2017, compared to adjusted net income of $5.4 million, or $0.11 per basic and fully diluted share for the comparable prior year period. Sequentially, adjusted net income attributable to common stockholders was up $0.7 million or 24.1% compared to adjusted net income of $2.9 million for the quarter ended September 30, 2017. Periods are calculated by applying a normalized tax rate of 31% and excluding other items not considered part of regular operating activities.
  • Adjusted EBITDA was $7.1 million for the second fiscal quarter ended December 31, 2017, down $1.8 million or 20.2% compared to adjusted EBITDA of $8.9 million for the comparable prior year period. Sequentially, adjusted EBITDA was up $0.6 million or 9.2% compared to adjusted EBITDA of $6.5 million for the quarter ended September 30, 2017.

Click here for full press release (pdf)